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Real estate intelligence company Cherre raises $50M
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HqO Raises $60M in Series C Funding
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Tenant experience operator HqO has raised $60 million to grow
its platform after a year of unprecedented growth as the corona virus drove
demand for online building services and remote interaction.
Previous investors Accomplice, Insight Partners, JLL Spark,
Navitas Capital, DivcoWest, Allegion Ventures, and The Pagliuca Family Office
participated in the round, joining new investors PruVen Capital, Cushman &
Wakefield, and Suffolk Capital.
The company has raised $106.9M to date and said it will use the funds to support its rapid growth, expanding its existing footprints in Boston, New York City, London, and Paris, as well as opening new offices in Toronto and the Midwest and West Coast regions of the United States.
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LOS ANGELES, Feb. 11, 2021 /PRNewswire/ Navitas Capital announced today that its portfolio company, Matterport, will be going public following a merger with Gores Holdings VI at a valuation of $2.9 billion. Navitas first invested in Matterport s seed round after meeting the team at Y-Combinator, the Silicon Valley accelerator in 2011. Following its initial investment, Navitas continued to invest in each following round up to today s announcement. Navitas Matterport investment came after investing in Matterport s Y-Combinator classmate, PlanGrid, a leader in construction management software acquired by Autodesk for $875M in December 2018.
Travis Putnam, Managing Partner and Co-Founder of Navitas said, It s incredibly gratifying to see the maturation and acceleration of the venture sector across real estate and construction. When we formed Navitas over a decade ago, we recognized the breadth of venture investment opportunities
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